AllianceBernstein Global High Income Fund (NYSE:AWF – Get Rating) benefited from strong short-term interest growth in March. As of March 31, there was selling interest totaling 371,100 shares, a growth of 1,158.0% from the March 15 total of 29,500 shares. Based on an average daily trading volume of 231,900 shares, the short interest ratio is currently 1.6 days.

Hedge funds and other institutional investors have recently been buying and selling stocks. Larson Financial Group LLC acquired a new stake in shares of AllianceBernstein Global High Income Fund in Q4 worth $29,000. CWM LLC acquired a new stake in shares of AllianceBernstein Global High Income Fund in Q4 worth $47,000. Wealth Quarterback LLC increased its equity stake in AllianceBernstein Global High Income Fund by 2,577.5% in Q3. Wealth Quarterback LLC now owns 6,774 shares of the closed-end fund worth $82,000 after acquiring 6,521 additional shares in the last quarter. Centaurus Financial Inc. acquired a new stake in shares of AllianceBernstein Global High Income Fund in Q4 worth $101,000. Finally, Kenfarb & CO. acquired a new equity stake in AllianceBernstein Global High Income Fund in Q4 worth $120,000. 22.14% of the shares are held by hedge funds and other institutional investors.

NYSE AWF traded at $0.11 midday Tuesday, hitting $10.64. The stock had a trading volume of 1,648 shares, compared to an average volume of 248,666. The company’s 50-day moving average is $10.93 and its 200-day moving average is 11.70 $. AllianceBernstein Global High Income Fund has a 12-month low of $10.31 and a 12-month high of $12.63.

The company also recently announced a monthly dividend, which will be paid on Friday, April 22. Investors of record on Friday, April 8 will receive a dividend of $0.0655. This represents an annualized dividend of $0.79 and a yield of 7.39%. The ex-date of this dividend is Thursday, April 7.

AllianceBernstein Global High Income Fund Company Profile (Get a rating)

AllianceBernstein Global High Income Fund is a closed-end, fixed-income mutual fund launched and managed by AllianceBernstein LP. It invests in fixed income markets around the world. The fund invests primarily in lower quality corporate debt and government bonds. He uses a combination of fundamental and quantitative analysis to create his portfolio.

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